Legacy cable networks, a profitable business for decades, have been hit by intense cord cutting by consumers who favor streaming services. Warner Bros Discovery is undergoing significant restructuring ...
STORY: CNN will layoff about 6% of its workforce as the cable news network shifts its strategy toward streaming services.That's according to an internal memo from CEO Mark Thompson seen by Reuters on ...
CNN CEO Mark Thompson on Thursday announced sweeping cuts impacting around 6% of the company's workforce. The news came alongside several new developments, including a cross-device streaming strategy, ...
DOGE said on X that the penny costs over 3 cents to make and cost US taxpayers over $179 million in the 2023 fiscal year. “The Mint produced over 4.5 billion pennies in FY2023, around 40% of the 11.4 ...